Essays on the post-AI economy

When Intelligence
Is Free

The price of thinking is collapsing, the way the price of electricity did a century ago. The biggest gains came from what cheap power made possible, not from selling the power itself.

So who gets rich?

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The economic-gravity map

1 · Substitute

What AI can reproduce

Cognition itself, and the layers built on selling it.

Value leaves. Prices fall toward the cost of compute.

Routine analysis
Content production
Back office / BPO
Per-seat software

2 · Amplify

What AI consumes more of

The complements cheap intelligence needs more of.

Demand rises. The bottleneck earns the rent.

Energy & grid
Cooling & data centers
Physical actuation
Agent rails & verification

3 · Reprice

What AI can't create

The non-reproducible. Intelligence cannot print more.

Scarcity re-rates. Surplus flows to the fixed.

Land & prime space
Authentic experience
Scarce rights / access
Human attention

4 · Unlock

What AI makes viable

Markets that were uneconomic until cognition got cheap.

Categories appear. New supply, new demand.

Long-tail markets
Cost-collapse services
Continuous systems
Abundance-native primitives

Version one of the map. It changes when the evidence changes.

01 · Research

Build the map

Where the next decade's largest companies come from, and why most of the obvious AI bets sit on the wrong side of the collapse. Named companies, real numbers, and the conditions that would prove the map wrong.

Read the research

02 · Investments

Test it with capital

Opinions are free; positions are not. The same map held as a concentrated book: performance against the index, what is in it, and what changed each month, published as it happens.

See the strategy

03 · Advisory

Apply it to a decision

Every market is being commoditised in one place and repriced in another. The work is telling which is which, before the roadmap is set and the capital is committed.

Explore advisory

A decade of Fortune-500 transformation · product leadership through DEGIRO's acquisition into Europe's largest listed online broker · Partner in a €100M fintech venture builder · investing through the cycles, now running the thesis as a book

Who writes this

Vladimir Goloborodko

Two decades on every side of how companies are built and changed — consulting Partner, product leader at scale, venture-builder Partner, founder. I read where value moves as intelligence gets cheap, back that read with capital, and advise the people making the same call.

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